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The Independent UK
The Independent UK
National
Via AP news wire

Worry about stagflation, a flashback to '70s, begins to grow

Inflation Economy Mark Zandi Unemployment Ben Bernanke Gerald Ford Janet Yellen Paul Volcker Recession Ukraine
AP1973

Stagflation. It was the dreaded “S word” of the 1970s.

For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons.

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